secwatch.observer — SEC 8-K summary
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Issuer:     RENAISSANCERE HOLDINGS LTD (RNR)
CIK:        0000913144
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0000913144-23-000018
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RenaissanceRe amends standby LC agreement; adds $150M secured LC option, removes unsecured option
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- Third Amendment to Amended and Restated Standby Letter of Credit Agreement with Wells Fargo dated Feb 22, 2023.
- Adds option to request up to $150M aggregate secured letters of credit.
- Removes option to request unsecured letters of credit under the facility.
- Modifies collateral calculation methodology and covenant for pledged collateral.
- No other material changes; existing facility otherwise unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913144/000091314423000018/0000913144-23-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913144/000091314423000018/rnr-20230222.htm
  HTML page:      https://secwatch.observer/filing/0000913144-23-000018

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